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Regulation

Regulation

Alan Lakey becomes agony aunt Dr FOSgood

Highclere Financial Services senior partner Alan Lakey and adviser community website Panacea Adviser have teamed up to launch a helpline for advisers tackling Financial Ombudsman Service (FOS) related issues.

clock 14 August 2014 •

RDR

FCA warns firms on 'self-defeating' transactions

The Financial Conduct Authority (FCA) is reminding advisory businesses to beware "self-defeating transactions" when totting up the total charges clients are being asked to pay.

clock 14 August 2014 •

RDR

Consumer confidence in financial services 'remains low post-RDR' - adviser poll

Almost half of advisers (47%) do not think consumer confidence in financial services has risen since the introduction of the Retail Distribution Review (RDR), according to Cofunds research.

clock 13 August 2014 •

Regulation

FCA uncovers widespread financial promotions failings

The Financial Conduct Authority (FCA) has said firms must do more to ensure advertisements do not mislead consumers after it found 227 cases of non-compliant promotions in the consumer credit sector.

clock 13 August 2014 •

Regulation

FCA warns consumers on IFA clone

The Financial Conduct Authority (FCA) has warned of a fraudster contacting consumers pretending to be an authorised IFA.

clock 13 August 2014 •

Regulation

Legal & General to quit ABI membership

Legal & General (L&G), the country's biggest pension fund manager, has confirmed the end of its Association of British Insurers (ABI) membership.

clock 13 August 2014 •

Regulation

Investors should resist interest rate 'doom-mongering' - adviser

Investors should respond to the looming rise in interest rates with "equanimity" and carry on as usual, international investment strategist at advice firm deVere Group, Tom Elliott, has suggested.

clock 12 August 2014 •

Investment

Adviser noticeboard (11-15 Aug)

Our weekly heads-up on events, jobs and hires, plus some other bits and bobs for professional financial advisers...

clock 11 August 2014 •

Wrap/platforms

Nearly half of firms get 50% or more income from fees - FundsNetwork

Nearly half of advisers already have the majority of their recurring revenue coming from fees, according to a FundsNetwork survey, with less than two years to go until the April 2016 deadline where all on-platform assets need to be moved to clean share...

clock 11 August 2014 •

Regulation

Ex-ABI director steps up to interim head of FCA department

Former director of the Association of British Insurers (ABI) Maggie Craig has been appointed as the Financial Conduct Authority's (FCA) interim head of savings, investments and distribution.

clock 11 August 2014 •
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